What are financial bets?

The online betting industry is wide and varied, and extends to segments that go beyond sports, such as the financial branch. Betting on the financial market draws the attention of users of a specific niche, who study the progress of the market, to win on the variations that occur daily, in the ups and downs of the countries. Financial betting is a very profitable system that attracts hundreds of bettors.

In practice, bettors need to predict whether the price of a stock will increase or decrease. In this way, profits in the financial market are made without necessarily buying or selling a stock. The biggest advantage is that you win in both cases if you bet smaller amounts if a stock goes up or down.

The operation

The operation is the same as that used in sports betting. You predict the variation in the value of a security, if the bet is a winner, the bettor receives a jackpot that is equal to the sum bet by the stake. This sum gets its name Stake and grows based on the appreciation or devaluation of the securities.

Betting sites that offer this type of game

In Europe and in Ireland there are no bookmakers that offer the possibility to bet on the financial market in Portuguese. Although it is a very positive aspect that foreign betting sites "speak English", when they were launched here these brands preferred to eliminate financial foreign betting from their categories. Currently, only Bet365 gives this possibility, but it no longer accepts customers from England since 2012 and neither Brazilians since this year. Thus, the only solution is to bet on sites that have the market but do not serve in Portuguese.

Financial betting or buying securities?

Betting on the financial market is quite different from buying a stock. It is a fact that in both cases the ultimate goal is to make money, but buying a stock has its pros and cons. Among the advantages, you have the possibility to participate in the life of the company, on the other hand there are taxes, bank fees and exchange rates. So betting is much simpler and you don't need to use your bank account. This type of betting allows:

• Speculating on the stock market, without buying them
• Higher profit compared to the traditional trading system
• Make money betting even if the market is in a bad situation

The betting markets are diverse. Among the main ones we have the stock market index, market shares, currency value, and commodity variations.